El Paso Affordable Housing CUSO
El Paso, TX
The mission of El Paso Affordable Housing CUSO is to empower members of the financially underserved community with the ability to develop family wealth and economic and financial stability. El Paso Affordable Housing CUSO does this by offering free financial education, home ownership workshops, credit counseling, and promoting savings, while developing loan products and financial services that will empower low to moderate members to access low cost capital, develop family assets, build wealth, and credit worthiness.
The El Paso Affordable Housing Credit Union Service Organization (AHCUSO) was formed in 2001 by 8 El Paso credit unions; GECU, First Light FCU, West Texas CU, El Paso Area Teachers FCU, One Source FCU, El Paso Employees FCU, Mountain Star FCU, and Golden Key FCU as a credit union initiative to improve the economic, social well being, and the quality of life, of members in the community through financial literacy, savings and providing access to low cost capital.
El Paso AHCUSO services include: financial education, housing counseling, credit counseling, foreclosure prevention assistance, pre- and post-homeownership education, and information on predatory lender practices, and through its sister organization, El Paso Credit Union Affordable Housing, LLC, provides accessible low-cost program mortgage loans, in partnership with the Housing Authority, HUD, El Paso Empowerment Zone, the City of El Paso, and others. El Paso AHCUSO works closely with other credit unions to develop financial products that will provide low-income families with options to high-cost or predatory loans and wire remittances and are accessible to financially underserved markets.
To learn more about El Paso Affordable Housing CUSO, visit www.epcuah.com.
